Wave (WVE) — WVE-007 240 mg Looks Good, 400 mg Underwhelms

BIOINVEST BREAKING NEWS – WVE has announced new data from the Phase 1 portion of its first-in-human INLIGHT trial evaluating WVE-007 in otherwise healthy individuals living with overweight or obesity. After six months of follow-up, a single 240 mg dose led to further improvements in body composition, (…more)

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Skye (SKYE) — NIMACIMAB Misses But Likely Underdosed

BIOINVEST BREAKING NEWS – Skye (SKYE) – On a negative note, Nimacimab’s Phase II study missed its primary endpoint, with a much lower/negligible effect on weight loss at Week 26 (-1.26%, n.s.) than expected. The monotherapy trial failure was attributed to (…more)

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Celldex (CLDX) — EoE Misses But MC Efficacy Still The Best & Safety Profile Intact — BUY

BIOINVEST BREAKING NEWS – Celldex (CLDX) — The Phase II study with barzolvolimab for eosinophilic esophagitis (EoE) met the primary endpoint of a statistically significant drop in mucosal mast cells (MC). However, the strong MC efficacy did not translate into a clinical benefit. (…more)

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Viking Therapeutics (VKTX) – Phase II VENTURE Oral VK2735 Delivers Great Efficacy

BIOINVEST BREAKING NEWS – Viking (VKTX) – VKTX reported topline data from Phase II VENTURE-Oral VK2735 this morning with strong dose-dependent efficacy but a slightly higher GI side effect profile (albeit a higher placebo GI rate, too). We believe the compound’s competitiveness (…more)

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Viking Therapeutics (VKTX) – Two Big Catalysts — VKTX Inks Manufacturing Deal, Roche Pays $1.4 Billion ($5.3 Billion with Milestones) for 50% of Zealand Phase II Amylin Obesity Drug

BIOINVEST BREAKING NEWS – Viking (VKTX) – Yesterday VKTX has checked off another important box in its obesity drug competitiveness by securing production capacity for their second generation GLP drug, VK2735. The Company will prepay leading global contract manufacturer CordenPharma (…more)

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